Apartment Buildings for Sale in Canada

Port Hope Portfolio of properties for Sale - Eastern GGH

On behalf of Firm Capital Mortgage Fund Inc., CBRE Limited is pleased to offer a mixed-use multi-family investment opportunity that includes both commercial and residential assets with a surplus of owned on-site parking located at 34-45 & 56-60 Walton Street, Port Hope, ON.

Property Subtype:

Multi Family

Date on Market:

2025-09-18

St Thomas Multifamily for Sale

A fantastic opportunity to own a fully legal and vacant extensively upgraded 4-plex where you can set your own rent in the fast-growing city of St. Thomas. This building offers a desirable unit mix of one 4-bedroom unit, two 3-bedroom units, and one 2-bedroom unit. Nearly every major component has been updated over the past 10 years, including new kitchens, modernized electrical (100 amps per unit), full waterproofing (interior & exterior), refinished floors (2024), updated roof (50 year shingles) and windows, fresh paint (2024), three units have updated bathrooms and updated exterior doors on all units. Additional highlights include basement storage, in-unit laundry potential, owned water heaters (x4), municipal sewer connection, and the potential for a 5th unit in the basement. Situated on a large 0.61-acre lot with significant under-utilized land offering potential for future units, parking, or storage (concepts for up to 16 units supported by recent planning study; zoning amendment required). Ideally located minutes from parks, schools, shopping, and downtown amenities with quick access to London and Hwy 401. St. Thomas is an affordable, rapidly growing community with major new employers (Volkswagen EV plant, Amazon, Magna), a revitalized downtown core, and strong long-term rental demand an ideal turnkey investment with future upside

Property Subtype:

Apartment

Date on Market:

2025-09-18

Grande Prairie Multifamily for Sale

INVESTMENT OPPURTUNITY FULLY OCCUPIED Mixed use building features 2 commercial units and 7 residential apartments in the heart of downtown Grande Prairie. Commercial tenants are very long term and residential units always in high demand giving you long term reliable cashflow. Tenant parking located behind the building. Also has coin operated laundry for additional income. Priced to sell at an attractive 8% cap rate.

Property Subtype:

Apartment

Date on Market:

2025-09-16

Vancouver Multifamily for Sale - City of Vancouver Non Core

Located in the heart of Vancouver’s desirable Marpole neighborhood, French Court Apartments presents a rare opportunity to acquire a well-maintained, 39-suite rental apartment building with significant upside potential. Constructed in 1986, this three-storey wood-frame property features a distinctive Colonial-style design with a large arched entrance leading to a private tiled courtyard, offering both charm and curb appeal. The building sits on a generous 20,976 SF parcel with 150 feet of frontage along French Street, just steps from the vibrant Granville Street commercial corridor. Tenants benefit from immediate access to grocery stores, restaurants, schools, parks, and frequent transit service connecting to Downtown Vancouver, YVR Airport, and Richmond. Marine Gateway and the Canada Line SkyTrain are only minutes away, enhancing connectivity across Metro Vancouver. French Court has undergone extensive capital improvements, including full window replacements, exterior façade upgrades, and renovations to over half the suites. Each unit is equipped with electric baseboard heating and individual hot water tanks, all recently replaced. Heat, hot water, and electricity are separately metered and tenant-paid, ensuring operational efficiency and reduced ownership costs. Current rents are approximately 40% below market, offering investors the opportunity to increase cash flow and yield through turnover and continued suite upgrades. With a historically stable occupancy rate and strong rental demand in Marpole, this asset is well-positioned for long-term growth. The area’s ongoing redevelopment, including the upcoming Marpole Community Centre and expanded public library, further enhances the investment appeal.

Property Subtype:

Apartment

Date on Market:

2025-09-15

Toronto Portfolio of properties for Sale - Downtown East

Located at the heart of Toronto’s transformative waterfront district, the Aqualuna retail portfolio offers a rare opportunity to acquire prime ground-floor retail space in a newly completed luxury condominium by Tridel and Hines. Spanning 15,176 square feet across eight distinct units, this offering is part of the vibrant Bayside Toronto community—an ambitious 2,000-acre revitalization initiative led by Waterfront Toronto. Positioned directly on the waterfront with unobstructed views of Lake Ontario, the property benefits from high visibility and foot traffic, supported by over 2,500 existing residential units and thousands more under construction or in pre-development. The retail component is anchored by a 20,000-square-foot grocery store and surrounded by a dynamic mix of restaurants, parks, and cultural institutions including George Brown College, Corus Entertainment, and the Distillery District. The Aqualuna building itself houses 225 residential units and is part of a larger master-planned community that includes Aquavista, Aquabella, and Aqualina. With commercial parking available on the P1 level and proximity to Union Station just five minutes away, the site offers unmatched convenience for both tenants and customers. This portfolio is ideally suited for investors seeking long-term value in a high-growth, waterfront location with built-in residential density and daytime activity from nearby office developments such as T3 Bayside.

Property Subtype:

Multi Family

Date on Market:

2025-09-12

Toronto Multifamily for Sale - Downtown North

Located in the heart of Cabbagetown this mixed-use commercial/ residential property offers a great investment opportunity. This property offers a fully leased main floor commercial unit and an upper-level residential space with significant income potential. This location additionally offers high visibility and constant foot traffic close to public transport. This property presents both urban character and excellent opportunity for redevelopment in the future- blending commercial and cultural spaces seamlessly.

Property Subtype:

Apartment

Date on Market:

2025-09-12

Vernon Multifamily for Sale

Great opportunity to purchase a fully leased apartment building close to downtown Vernon that was fully renovated in 2019-2020. All suites have newer bathrooms/kitchens, new laminate flooring, and cabinets. It is comprised of Twenty-two (22) 1-bedroom units that are surrounded by Swan Lake Creek and Vernon Creek with great yard space for Tenants on a quiet cul de sac. The property is zoned RM2 (Downtown Urban Centre) and has 22 parking stalls. Share sale option and there is an assumable CMHC mortgage financing in place at 3.95% interest rate until June 2033.

Property Subtype:

Apartment

Date on Market:

2025-09-10

Toronto Multifamily for Sale - Downtown North

3 storeys mixed-use building near the corner of Baldwin Street and Kensington Avenue in Downtown Toronto.

Property Subtype:

Apartment

Date on Market:

2025-09-10

Montréal Multifamily for Sale - Centre-de-l’Île Sud

Presenting 5550 De la Côte Saint-Luc Road, a rare opportunity to acquire a 37-unit multi-family building in one of Montreal’s most dynamic boroughs. Ideally located near transit, shopping, and Concordia’s Loyola Campus, the property features modern finishes and strong rental appeal.

Property Subtype:

Apartment

Date on Market:

2025-09-10

Montréal Multifamily for Sale - Est-de-l’Île

This rare 8-unit mixed-use property offers a compelling opportunity for investors seeking stable income and long-term upside in one of Montréal’s most dynamic neighborhoods. Built in 1951 and meticulously maintained, the asset includes seven residential units and one commercial space leased to a long-standing dépanneur with a secure lease, contributing to a gross annual rental income of $109,248. Strategically located near Pie-IX and Joliette Metro stations, the property benefits from excellent transit access and walkability. Residents enjoy proximity to Collège de Maisonneuve, the Montreal Botanical Garden, Olympic Stadium, and the vibrant retail corridor along Ontario Street. The surrounding area features three public parks, enhancing the appeal for families and professionals alike. Recent upgrades include a new roof (2016), commercial water heater (2010), and updated electrical panels (2000–2007). Approximately 80% of the bathrooms have been renovated, reducing future capital expenditure. The building’s configuration and tenant mix make it easy to manage, ideal for both hands-off investors and owner-operators. With CMHC financing eligibility, this asset offers optimized leverage potential and access to favorable interest rates. The combination of reliable tenancy, minimal vacancy, and strong neighborhood fundamentals positions this property as a high-performing investment in a thriving urban market.

Property Subtype:

Apartment

Date on Market:

2025-09-09

Calgary Multifamily for Sale - Southwest

Retail Space For Sale & For Lease

Property Subtype:

Apartment

Date on Market:

2025-09-09

Sault Ste. Marie Multifamily for Sale

Station 49 Apartments is a 102-suite, purpose-built multifamily asset located at 49 St. Mary’s River Drive in Sault Ste. Marie, Ontario. Offered at $11,640,000 (just $114,117 per unit), this investment presents a compelling opportunity to acquire scale in a stable Northern Ontario rental market with significant embedded upside. The property features a highly efficient unit mix, with 101 one-bedroom suites and 1 two-bedroom suite. It is professionally managed with steady turnover that supports rental growth. The asset generates additional revenue through laundry, parking, and air conditioning rentals, and has implemented cost-saving systems such as individual heating cost controls. With approximately 60% upside to market rents, robust historical turnover averaging 16.9% annually over the last three years, and recent capital improvements, Station 49 Apartments is well-positioned to deliver strong cash flow and long-term value growth for an active investor.

Property Subtype:

Apartment

Date on Market:

2025-09-09

Ottawa Multifamily for Sale - West Central

A golden opportunity in a high-demand infill location! This 66' x 121.47' lot (approx. 7,965 sq ft / 0.183 acres) is zoned R4N – Residential Fourth Density, permitting a wide range of residential building forms, including low-rise apartments and multi-unit dwellings. Potential for 9–10 Units! Tap into the strong rental and resale market with the possibility of building multiple residential units in a rapidly growing area.

Property Subtype:

Apartment

Date on Market:

2025-09-05

Drummondville Multifamily for Sale

Popa Tower represents a rare opportunity to acquire a fully prepared, centrally located development site in the heart of Drummondville, Quebec. Positioned along the city’s main artery, this ±120,751 sq. ft. parcel is ready for immediate construction of a visionary residential project that has already received municipal endorsement. The proposed development includes a striking 7-story front tower harmonized with a 6-story rear structure, supported by over 60 underground parking spaces. All key pre-development milestones have been completed: demolition of existing buildings, environmental studies, drilling reports, and architectural plans. The site is flat, cleared, and strategically located near major retailers including Costco, Canadian Tire, and SAQ, with direct access to Highway 20—linking Montreal and Quebec City. The property includes multiple assembled lots and a home at 700 des Mélèzes, which can be used for workforce housing or site operations. A request is underway to increase the tower height to 10 stories, further enhancing the project’s long-term value. With 3D renderings valued at over $100,000 and municipal approvals already secured, this is a turnkey opportunity for developers seeking to make a bold impact in one of Quebec’s fastest-growing urban centers.

Property Subtype:

Apartment

Date on Market:

2025-09-05

Oshawa Multifamily for Sale - Whitby/Oshawa

The property is conveniently located steps from Durham College & Ontario Tech University. Uptown Oshawa is a flourishing neighbourhood with great restaurants, shopping and parks. It provides students off-campus living, yet only a 5 minute walk to campus. Nearby amenities include Five Points Shopping Centre and the Oshawa Centre Mall.

Property Subtype:

Dormitory

Date on Market:

2025-09-05

Hamilton Portfolio of properties for Sale - Southern GGH

Property Subtype:

Multi Family

Date on Market:

2025-09-05

Burlington Multifamily for Sale - Oakville/Burlington

Property Subtype:

Apartment

Date on Market:

2025-09-03

Carignan Multifamily for Sale - Montérégie

Located at 1499 Chemin de Chambly, this modern commercial condo offers 2,870 sq ft of space, with 940 sq ft currently leased and 1,930 sq ft vacant. Situated on a major road (Route 112), the property features high visibility, private entrances, and shared parking with 62 spaces. Priced at $1,149,000, it’s ideal for investors or owner-occupants seeking retail or office space. Built in 2017, the condo includes central air conditioning, electric heating, and zoning for commercial use (C-238). Average daily traffic reaches 30,000 vehicles, with strong demographics and accessibility via major highways and public transit.

Property Subtype:

Apartment

Date on Market:

2025-09-03

Edmonton Multifamily for Sale - South

Property Subtype:

Apartment

Date on Market:

2025-09-02

Kitchener Portfolio of properties for Sale - Western GGH

Property Subtype:

Multi Family

Date on Market:

2025-09-02

Montréal Multifamily for Sale - Est-de-l’Île

Located in the heart of Saint-Michel, one of Montréal’s most accessible and evolving neighborhoods, 4160 41e Rue presents a compelling investment opportunity for buyers seeking stable income and low-maintenance operations. This fully leased 8-unit plex features all 4½ units, each occupied by tenants responsible for their own utilities—streamlining management and enhancing net returns. The building sits on a 330 m² lot and was constructed in 1958, offering a solid structural foundation with aluminum windows and sliding window types. With a projected gross income of $95,700 annually as of July 1st, this asset delivers immediate cash flow and long-term upside in a submarket known for its strong rental demand. Strategically positioned near major highways, public transit including the Saint-Michel train station, and a wide range of amenities such as grocery stores, schools, and daycare centers, the property benefits from excellent connectivity and tenant appeal. The area is undergoing steady revitalization, making it a prime location for long-term multifamily investment.

Property Subtype:

Apartment

Date on Market:

2025-09-02

Kitchener Multifamily for Sale - Western GGH

Property Subtype:

Apartment

Date on Market:

2025-09-02

Kitchener Multifamily for Sale - Western GGH

Property Subtype:

Apartment

Date on Market:

2025-09-02

Whitby Multifamily for Sale - Whitby/Oshawa

This property boasts an exceptional location, just a short walk from the lake and Whitby Harbour. It is a free-standing apartment building comprising 14 units, offering significant upside potential as the surrounding area undergoes major redevelopment with numerous new projects underway and more approved sites on the horizon. The building includes six two-bedroom units, five one-bedroom units, and three bachelor units—all fully occupied with rent inclusive of utilities. On-site laundry facilities are available, and most windows were updated in 2023 and 2024. The roof is approximately 20 years old. The property also features 22 parking spaces and exterior security camera coverage. Its prime waterfront location provides convenient access to shopping, parks, Whitby Harbour, the Whitby Yacht Club, and Iroquois Beach.

Property Subtype:

Apartment

Date on Market:

2025-09-02